Business

Next avails of better weather

BETTER weather helped fashion and homeware chain Next fight back from an alarming sales slump during the freeze earlier this year. Takings were down 0.9 per cent for the half-year to the end of July but this included a period at the start of the year when they fell 1.9 per cent. But performance was boosted by stay-at-home online and catalogue shopping, up 8.3 per cent, giving Next an overall 2.3 per cent sales increase, in line with expectations. Next increased its forecast for full-year pre-tax earnings from a range between £615 million and £665m to a bracket of £635m to £675m. Shares in the FTSE 100 listed retailer were up nearly 3 per cent.